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Dollar steady near one-month low as Fed minutes contain few surprises
New York: The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve’s…
Gold jumps 1.4% as Dollar, yields retreat
Islamabad: Gold rose over 1% on Thursday as a slide in the dollar and Treasury yields burnished bullion’s safe-haven appeal after…
Dollar firm at 2-decade highs as Aussie, yuan sink
New York: The Australian dollar and the Chinese yuan came under pressure from weak Chinese economic data on Monday, while the U.S.…
Gold up, but headed for monthly loss on U.S. rate hike bets
New York: Gold rose on Friday as worrying U.S. economic data rekindled some interest in the safe-haven metal, but was likely to…
Dollar hits 20-year peak on yen as Bank of Japan stays super-easy
New York: The dollar shot to two-decade highs on the yen on Thursday after the Bank of Japan (BOJ) doubled-down on its super-low…
Gold prices dip as Dollar rises to pandemic high
New York: Gold prices fell on Wednesday as the dollar consolidated at its highest level in more than two years and pressured…
Dollar ascends on China Covid fears, Fed rate hike pace
New York: The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the…
Europe stocks close sharply lower as China Covid concerns overshadow Macron…
LONDON — European stocks closed sharply lower on Monday as concerns over a resurgence of Covid cases in China overshadowed the…
U.S. Dollar hits more than 2-year high on aggressive Fed hike outlook
The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell’s…
Gold heads for weekly fall as rising bond yields, Dollar weigh
New York: Gold prices fell on Friday as the prospect of aggressive interest rate hikes boosted U.S. Treasury yields and the…